The article reports on the preparation to accelerate efforts for a reprivatisation of taxpayer-funded Lloyds Banking Group PLC and Royal Bank of Scotland (RBS) before the 2015 general election in Great Britain. It mentions that Chancellor George Osborne hopes to prepare the public for a big loss...

ROYAL Bank of Scotland today admitted mis-selling loans to business customers under a taxpayer-backed scheme. An internal review revealed it had not fully explained elements of the Enterprise Finance Guarantee scheme to customers. RBS loaned more than Â£900 million to 9000 firms under the...